Archive for May, 2009


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This is What’s Happening

We’re spending 9 billion per hour to shore up the big banks that’s 1 trillion per week. It started around Oct. 7, 2008. Our land and treasure is going to the International cartel of banks. This can only lead to the Weimar Republic here.

The banks have announced that two trillion of credit will be taken out of the credit market meaning credit card limits will be lowered on credit cards some up to 50% according to Chase and Bank of America. This will result in a further compression of the money supply and spending power if the people. This in an economy based on consumer spending which will really be another hit in the GNP. Treasury bills have gone negative. How can one invest in an investment that is negative at the outset?  Bernanke says he will hyper inflate.

As it stands now we have:

  • Cascading bankruptcies
  • Unemployment double last year estimated at now 10%
  • Underfunded pension funds
  • Nest eggs are now broken

We can hear Ross Perot’s sucking sound of the money leaving the country. Bush said the money power of the West is yielding to China and Southeast Asia.

All the security of the prior system is now gone because of 30 years of deregulation, low taxes on the rich and the dismantling of the laws that made the middle class strong and secure.

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THE MIDDLE CLASS DEFINED

We hear a lot about the middle class both pro and con but what is the middle class really? Has it ever been defined and what is its place in the annals of human history? The answer is yes and it has. The middle class was defined for us within the context of the out growth of the American Revolution, the principals it stopped and created a bulwark against, understanding that the fight for keeping what is and always was the rightful claim and property of the middle class will never end. These policies defined the middle class and the American dream for the last 100 years and it worked until Regan.

The middle class was defined for us by Theodore Roosevelt in an almost never heard recording by Thomas Edison where he stated:
1.    We stand for a living wage.
2.    It must include enough to secure the elements for a National Standard of Living.
3.    A standard high enough to make morality possible. (Meaning you don’t have to steal, loose your house or eat dog food to make ends meet.)
4.    To provide for education and recreation. (Meaning a healthy portion of the year for vacations as in the other successful civilized countries of the world.)
5.    To raise a family.
6.    To maintain a family during periods of sickness. (Meaning health care totally covered.)
To put a reasonable savings for old age. (Meaning to retire with safety and security.)

What you’re seeing today is the result of 30 years of the ME society. Laissez faire at the cost of working people which is almost all of us, the society of Charles Dickens that reduces people to begging for a lousy paying job because that’s all there is.

It started with the killing of Jimmy Hoffa as labor has not seen anything for the people of our country since that event. Regan employed the failed policies of deregulation starting with Airline Deregulation and tax cuts for the rich. Bush and Clinton continued with NAFTA, WTO, CAFTA, the elimination of the Glass Stegle Act (Banks selling financial instruments), etc. Jr. Bush put the doctrine on steroids but was slowed somewhat by the war yet still continued to dismantle what was left of the successful policies of middle class creation.

The place of the middle class in history is that it is not a normal thing to have and is not a guarantee. The fight has gone on for more than 7000 years, our own part is pronounced by the Revolution. The only way left to create and keep a middle class today is to tax the rich (including the corporations) and spread the wealth around as Roosevelt did. If we want a present and a future for ourselves it has to be created for it is not a normal thing as our founding fathers knew. Dr. Benjamin Franklin noted we would have not minded to pay the King a small tax but they took our ability to create wealth.

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Obama Doesn’t Have to Tank

Real positive forward change would include for example:

·    Promote and subsidize Free Energy, magnetic, water engines, etc.

·    Fold the Federal Reserve into the treasury.

·    Eliminate all derivatives and hedge funds now.

·    Re-regulate airline fares by exposing the plight of the ramp personal. This will highlight the failed policies of airline deregulation, thus leading the administration to attack broader areas of deregulation and privatization that has been deconstructing the nation for the last 30 or so years such as NAFTA type trade agreements.

·    Bring back the 3 legged stool of mining, manufacturing and agriculture defined as family farms without GM or the Monsanto terminator seed. Promote organic farming.

·    Eliminate all laws brought forth by Monsanto lobbyists and either force the company to ethical business practices or put the company out of business.

·    Clean up the food supply, that’s an industry in itself.

·    Provide for the General Welfare as it says in the Constitution with good (protected) paying jobs and the people will bring back the airlines and auto industry.

·    Put a 20% tariff on imports.

·    If you want to sell it here make it here.

·    Have the rich pay their taxes. Eisenhower charged anyone making over $400,000 per year 91%; the result was that America’s years of high taxes on the rich saw “a massive boom, fueling rapid growth in living standards across the board.” According to Jonathan Chait, a senior editor at the New Republic.

·    Strong Unions must be considered by all management the simple cost of doing business. The creed must be applied that paying the lowest employees a standard of living that gives a man dignity, enough to raise his family.

·    This pay system must not only give the employee a living wage but a wage to live for plus enough to invest into a comfortable retirement. Let the rich quit wining and make them finally be responsible for their obligations.

·    The Prius is a scam. The warranty is set to expire on these cars just before the batteries wear out and that little (batteries not included) replacement is $10,000 at this is written. We can do better with magnetic free energy engines. The battery car is a plan to continue to gouge the consumer with the same old scam; once again the game is rigged.

·    Eliminate capital gains tax on new small business.

·    Obama don’t get near Nancy Pelosi’s “Fairness” Doctrine. That insanity is political suicide.

·    Finally STAY AWAY FROM OUR GUNS and you’ll be ok.

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Obama Fast Facts etc.

·    Obamas’ first sellout of his base. The appointment of Rahm Emanuel who could be the top Mossad agent in the U.S.

·    Rahmbo a dual citizen establishes the U.S. as a Zionist Occupied Nation. Nothing tells the story better than actions. This is an action.

·    Many of Obamas supporters smell the rat of where this administration is going.

·    McCain played the roll of the zombie – reanimated from the primary dead. The party propped the corpse up long enough to loose the election. Can you believe he actually ran on more of the same Bush/Milton Freedman policies?

·    It’s so bad that one must have a little heart for Obama in that he has so many masters to dance to but in the end he has only shown so far that he is a tool of the bankers.

·    Ask yourself why Obama allows his poor, kind aunt in Boston to live in penury. Things like this do well to expose the heart of a man.

·    Many Obama supporters are young minds full of college – media misdirection. They are hoping for change but I however believe they will not get the change they fantasize or want. Today’s youth and some adults are so dumbed down one can classify them as delusional. Swept away by a false euphoria, they are going to be bitterly disappointed in the near future.

·    A true statesman would say elect me and I will do 1, 2, and 3. He gets elected and says continue to support me and I will whipsaw congress to do 1, 2 and 3. Obama is nothing of the kind. Obama runs the fantasy slate of dreams. His Obots think of something they want Obama to do and they believe he will do it unencumbered. This is of course insane but borne however of many deep hardships of the last 30 years.
·    What is really happening is that our entire financial system is being handed over to an international body that will regulate it as we loose complete control of our and our children’s destiny. The international bankers want complete control over the stock exchanges, currency exchanges, these crazy derivatives and hedge fund instruments, etc. on a world wide basis. This is the next step for the grab of world wide wealth in their plan to control the nations of the world. It’s being done in the most Hegelian way in that we are asking for it. People are saying please give us the change; however the people will not be happy with what they get.

Obama does not have to go this route and tank. If he immediately employs some FDR policies combined with the Teddy Roosevelt doctrine and creed he could really give us real forward and positive change that would expand throughout the world

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Living in Obamaville

Here is what the one party political system has given us taxpayers in Cook County Illinois.
·    Highest taxes in the nation
·    Our property taxes have risen 800% in the last 20 years
·    King Richard has made Chicago a “sanctuary” city. Sanctuary from the law.
·    Gun control which lead to
·    The highest murder rate in the nation
·    Worst and most expensive school system
·    Highest paid school administrations
·    Enough Cook County nepotism to embarrass a king
·    Highest paid unions who can’t fix a road that lasts more than a couple of years.
·    Also these contractors can pull up miles and miles of a road or expressway in April then you don’t see them working all summer. However when the first cold snap comes in November there they are and in a week or two the road is all done; for a week. Then they close a lane for a couple of miles to cut about a 12ft. X 15ft. hole. That lasts for a week and then we have to live with an uneven patch that keeps getting those wonderful deep potholes until the next time they tear up the road. Why didn’t they fix what was wrong down there the first time? No state or county has worst roads of better job security than Chicago and Cook County. Don’t believe me? Just drive your car here but you pay the bill for your broken front end. I can’t help you because they just doubled my property tax in one bill.

·    With all the promises from Obama ask yourself why hasn’t he stood against such corruption? Perhaps he couldn’t change it but he sure could be on record being against such corruption. One thing to ponder in 2001 Obama said the Constitution is the “fundamental flaw” of this nation that continues to this day. So this over-read Marxist college boy who used the Constitution to get him this far wants to dump it. And why has Linda Lingle the Governor of Hawaii sealed Osama’s birth certificate? Where does she get this power? Does it show he was not born here?

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I’m Shocked

“I’m shocked, shocked to see that gambling is going on here. Here are your winnings sir. Thank you very much.” We all remember that famous scene in Casablanca with Claude Reins.

Enter bubbles Greenspan whose attitude with congress was I’m shocked, shocked to that gambling was going on in the financial markets.

On Thursday Oct 23, 08 he told lawmakers he was “shocked to discover that his bedrock belief that financial firms could police themselves turned out to be “flawed.”
“I made a mistake in presuming that self interests of organizations, specifically banks and others, were such or they were best capable of protecting their own shareholders and their equity, “ said Greenspan to a House committee.

We are supposed to buy that garbage knowing he and Clinton eliminated the Glass Steagall act in 1999 no way. A lesson learned by observation is proof positive that these parasites are not fit for us to allow them so much power in a democratic republic. Nationalize the Federal Reserve now.  Thomas Jefferson said, “Let us no longer talk of the goodness of men. Let us bind them down with the chains of the Constitution.”  Well said and in the case of bubbles Greenspan well proven as once again the policies of greedy bankers fail miserably.

A failure if you’re a citizen being financially raped by a venial congress. A success however if you’re aim is world domination by way of financial weapons used against the countries of the world.

This is the fascist corporate state being formed and we are loosing our freedom by paying for it.

To explain it further Webster Griffin Tarpley postulates this can be called a State Sponsored Compulsory Cartel for the purpose of driving down production and wages. The plan is to restrict production so prices can rise and recovery can in sue.

The bailout is state sponsored as the Treasury has given these banks their orders. It’s a cartel in that the Bush regime with Paulson and Bernanke singled out the nine banks that will form the cartel. And this is compulsory for the nine banks.

The goal of all this is to lower the living standard on the middle class, to impose austerity, to restrict production through lack of credit. Typical IMF tactics run up debt then put the country back into a debt slave stone age.

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Herbert Hoover created the Reconstruction Finance Corporation in 1931-32. It bought shares from the banks. Now their going beyond Hoover plunging us into the compulsory aspect of this, the theory is based on Thomas Malthus who believed if you have a surplus you just have to find somebody to buy the surplus. It doesn’t matter who or what the buyer is.

The compulsory aspect of this is U.S. has forced the nine major banks to accept partial nationalization. At least the top 4 were told this is obligatory. Other banks can choose weather they want to partisapate the biggest banks however have no choice which brings the nation to a new low, another major step in their plan to bring us into the fascist corporate state.

According to Webster Griffin Tarpley this is a state sponsored compulsory cartel for the purpose of driving down production and driving down wages. It’s Malthusian as they would say to restrict production so that prices can rise and recovery can in sue. This of course is insane.

Any idea that we’re going to bail our way out of this is just insane. Plus they’re bailing these criminal enterprises with money that does not now or never will exist. The Congressional Budget Office has announced that the bailout is part of the national debt. 5.4 Trillion in one week, 5.4 trillion you are responsible for but get nothing from. The least you should receive is foreclosure protection and a 75% reduction in property tax or at least if you have no children and are not using the school system that portion should be subtracted from your property tax.

What the bankers are doing is taking the bad investments of thousands of private funds and the bad liabilities of private investment banks and making the U, S. government responsible for paying these bad investments. Actually sell it to us and they receive our bonds. Paulson said it will be several hundred billion dollars I say it will be much more. Then this slithering scum will keep the assets that are real and still performing like people still making payments, thus allowing the crooks to enjoy the proceeds of their crimes.

Lyndon LaRouche coined the phrase the American System of Physical Economy. From the time of Nixon we have gone through a time of separation of financial economics from the Physical or Productive Economy. The productive manufacturing economy has been replaced with failed policies such as airline deregulation which led to wholesale deregulation which led to privatization then globalization and free trade more accurately called the Global Plantation. This combined with Monsanto et al setting us up for food crises and shortages. These policies have made us increasingly dependent on financial flows for our prosperity. This means we have become forcibly dependent on value added goods then services produced in other countries. Here we’ve had a decline in production as jobs moved overseas resulting in us becoming more of a colony and less of a nation.

To build a nations economy you need the three legged stool mining, manufacturing and agriculture. Take something worthless from the ground and make it into something that sells. Beal productivity and secure economies result from goods produced as opposed to services rendered.

The results of these failed policies of the last 30 years have degenerated into psychology monetary policy. The fantasy that just moving what money is around left over from the 3 legged stool and creating loads more just by printing fantasy derivatives will finally end in a crisis of confidence about what a dollar is worth.

The solution is bankruptcy for these failed banks and customers of the Federal Reserve Board. If a company is performing an important service or something necessary to society we reorganize it if not outright liquidate it as per the La Rouche model.

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The Growing Fascist Corporate State Part 1

Today what we are seeing is Machiavellian totalitarianism, meaning that the government is still somewhat democratic in that we still have elections, the fire and police still work, the planes still fly on time, and you can still claim some rights. However if you watch the legislation being passed you will see that your wages and production are being driven down, austerity is being imposed and the war machine continues without interruption.

The expression Totalitarian Liberalism is associated with Lord Keynes. The difference between Keynes and Roosevelt is that with the Keynes approach you have volumes of economic controls designed to shore up banking interests, oligarchic interests, rich investors and their parasitic intents.

Another person one could connect with Totalitarian Liberalism is Hijalmar Schacht. He performed the currency reform in 1923 and was Hitler’s finance minister. He became one of the directors of the Reichsbank in 1916 and in 1923 became currency commissioner for the Reich. After his economic policies helped reduce German inflation and stabilize the German mark, Schacht was appointed president of the Reichsbank. He collaborated with other prominent figures in economics to form the Young Plan to modify the way that war reparations were paid after Germany’s economy was destabilizing under the Dawes Plan.

What is happening now is the partial nationalization of the banks but not the Federal Reserve. According to the Washington Post house organ of the Federal Reserve the headline reads “U.S. Forces Nine Banks to Accept Partial Nationalization”.
A little history: Washington Post: Founded by Eugene Meyer employed by the Federal Reserve, hated Roosevelt, bought the Washington Post, the Post constantly attacked Nixon to create a weak President so that the Fed could be more powerful. Today the Fed is moving forward in the same plan to extend for itself more power.

How does this work and what is the history behind it? The 900 billion dollar bailout was sold to the people to buy up the toxic derivatives, credit default swaps, bad mortgages, structured investment vehicles, etc. But now all of a sudden things have changed. They say they now want to buy preferred shares of stock in the banking system. In terms of economics none of this goes beyond Herbert Hoover. This is not the New Deal; anybody who calls this the New Deal is crazy. Once again the New Deal is payments to workers, families, to old people, to the unemployed, its jobs and putting people back to work at a rate of pay that brings dignity to that person.

The New Deal is not and I implore this not payments to bankers to bail out their banks and above all it is not the idiotic attempt to shore up speculative insane, cancerous, toxic, fictitious, worthless paper of made up values, values or prices which no power in the universe has the money to pay and no amount of money can pay. This is like Hoovers Reconstruction Finance Corp. What they did with that money is exactly what we see now. On the one hand they tried to support the paper stock values they thought were important and they failed. Second they tried to keep banks of their choice going and they failed in that. This policy failed so completely that by the day of Roosevelt’s inauguration the failure of Hoover and his Resolution Finance Corporation was so complete that every bank without a single exception in the United States was closed. Historians cannot find one that was open. What’s going on is the exact same thing now as then. The first time is tragedy the second time is farce.

Acknowledgement: Special thanks to Webster Griffin Tarpley for contributing important information in this article.

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The Myth of the Free Market Exposing Itself

Concerning the economic meltdown we now see all those who say let the free market work out the solution are loosing their fortunes and or going bankrupt. The first thing these zealots must produce is a free market. Where is it I’ve never seen one yet. All the free market solutions are being tried and they are all failing like shooting ducks in a row. Notice that the private initiatives always collapse. There is no free market solution, no state give away to the criminals’ solution as Obama likes and has proven with his vote for the bailout. There is only a Roosevelt New Deal solution to this disaster.

The reason we need to prepare for four or more years of hell is we need a President that will whipsaw the congress into passing acts that will stop this catastrophe. There is no one running for President that will do this or even know what to do. You think Hoover McCain or fascist Adolf Mussolini Obama even would consider countermanding their Zionist orders from the house of Rothschild? We have four Zionist boot lickers on the ticket, none of which could probably quote what a New Deal policy is.

I can begin to smell the flesh burning of the gullible little people who believed their party politicians that promised this bailout would solve the banking problem and allay the fears of the banks and market. The Germans got it right so far by guaranteeing all deposits. That’s a New Deal policy. The Irish are sliding back into misery by covering ALL bank debt.

On the subject of ARMs (adjustable rate mortgages) because of what has happened when they adjust they are going to adjust really high so high that few will afford them. We are at the point now that foreign interest rates have an effect in the U.S. The criminal monsters that operate these banks are really going to put the ARM on these poor people. Combine all this with there is very little money to lend.


What needs to be done:

·    The answer is to eliminate all ARMs make them illegal.
·    Wipeout mortgage backed securities AKA derivatives, ARMs, credit default swaps. Make all these illegal and wipe the slate clean from what is there as one would clean a table.
·    Seize the Federal Reserve Board and fold it into the U.S. Treasury
·    Seize all bankrupt banks.
·    Stop foreclosures and make it illegal to call in a loan.
·    Have the Federal Government make loans to Main Street at 1 or 2%.
·    For the winter increase low income heating assistance.
·    Cut property taxes for anyone making less than 60k.
·    Create a Federal Relief Agency as in the old Henry Hopkins image.

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Exposing More Myths of Free Trade

Remember the attacks everywhere in the media against protectionism in the 1980’s and 1990’s? It was new dirty word, a child molester was revered as a model citizen compared to one who would protect the job of a worker. Remember daddy Bush’s Carla Hills the queen of mean? Well let’s take a look at some facts about the free trade lie.

Jefferson argued very strongly for a tax on wealth by saying, “We never want to see in America the landed gentry that we see in Europe.”  This is why Roosevelt raised the tax to 91% on the rich. It was proven to be the most successful and beneficial program for the nation proving Jefferson right.

Alexander Hamilton laid it out in 1791 the tax on imports or tariffs paid 100% of government revenues, from the founding of the country until the civil war, tariffs paid 2/3rds of the revenues from the civil war to WWI. From WWI to WWII they paid 1/3rd as government tripled in size and now less than 2% which is basically nothing.
According to the GAO 68% or all businesses in the US pays no tax. On top of that CEOs, business owners and the top paid 1% of the population get 90% of the wealth and earn 50% of the income the same as it was in the 1920 just before the depression.

Tom Freedman in his book The Olive Tree vs. the Lexus was deeply impressed on tour at a Lexus factory, while in the Middle East their fighting over who owns an olive tree. Therefore he postulates if they built Lexus’s in the Middle East and everybody in the world put on the free trade straightjacket all countries would be successful. He was simply assuming that Toyota was successful because of free trade.

The truth was quite different however. In 1933 the Toyoda Loom Co. (as it was spelled then) was a clothing manufacturer. In the 1950’s Japan’s per capita income was around $900.00 per person it’s now around $35-40k per person. Their largest export was silk. Their major domestic industry was silk worms grown on mulberry trees and rice.

In the 1950’s they kicked Ford and GM out of the country and embarked on a program of building a domestic car industry by protecting their domestic industry. They made it illegal to sell foreign cars in Japan. The government poured tons of money into Toyota to develop a car. Finally after much effort they rolled out a car called the Toyoped in the U.S. which failed miserably but they tried again until they got it right with the Corolla in the 1970’s. The Lexus that Freedman was talking about had nothing to do with free trade because Japan protected their infant industries and built them up to the point where they became so strong that nobody could compete with them.

We however by using the failed logic of Freedman we gave Japan the edge nobody can compete with by tearing down our trade barriers while they still kept theirs. It’s as though they went to war with battle rifles and we used Freedman’s logic and went back to spears. Starting in the 1980’s we really ramped up our destruction with Clinton’s NAFTA and as a result having lost all these good paying manufacturing jobs. Until we bring back the 3 legged stool of civilization manufacturing, mining and small farm agriculture we will have nothing, no secure growth. Prosperity is only created by taking something worthless out of the ground and making it into something valuable.

Remember Alexander Hamilton laid it out in 1791 the tax on imports or tariffs paid 100% of government revenues and it worked. When you open up your house and let every stranger take everything you have including your wife and children you know what you will have left and what you will be called. Only by changing our mindset by not supporting the slut whore system and its minions will the nations of the world stop calling our nation the same.

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